To use chat, please login.
Back to contacts

watch this video. can be interesting

Steve Walker
nordic_
Feb 23 2012 at 14:24
83 posts
I may punishing myself with the looser one that I did not take the winner???????????

   nordic_ posted:
   another fault is, when I guess the price move and if it goes as I had predict and when if I did not take that trade, I took the next move no matter what even if I know that it will fail and after I see I made a mistake I dont exit and insist on stay in trade most probably until SL hit.



Steve Walker
nordic_
Feb 23 2012 at 15:28
83 posts
regarding to my trading hours, most of the time I make profit before US open and when US open I cought by the price actions and open wrong trades. I think this is the main issue for me currently. first I must stop that mentally then will go back to live.
not trading at US hours is not an option. I must fix the mental error, stop trading US hours is only will hide it.


Steve Walker
nordic_
Feb 24 2012 at 13:14
83 posts
before US session I am up to %0.58 today. I am clean no Drugs(GRID)!
if it would be live I would NOT stop. I will keep trading US and want to break that mental limit.



   nordic_ posted:
   Ok. I got up to -%6.65 ( daily +%1.20 ). then keep trading and start to make mistakes.
I should find why I start making mistakes after daily %1-1.5 level break.



Steve Walker
nordic_
Feb 24 2012 at 14:54
83 posts
today I had %2.50 including some US session.( I am counting 0.01 Lot trade 0.10 I had a I loaded wrong template if not %2.00 )

I stop here. it is good to have some positive trades in US session. I guess I understand the reasons. I will post it later.

stop.

Steve Walker
nordic_
Feb 24 2012 at 15:10
83 posts
reasons
- after some hours I lost the focus. I need to leave trading for some minutes after every trade. this reset mind.
- most probably I start US session with profit and this make me over trusted.
- If I stop trading in mind and then start trading after that desecion again I make huge mistakes.
- due to start US session in profit(most probably) I start saying 'try this' instead of 'xxxx pattern' and after entering that 'try' when trade goes against me I got angry and wait until SL.(SUICIDE)

So my desecion is I will stop trading and shut down machine after having a reasonable profit/loss.

as you can see from the account history SL are so tight and there are no more grid and rescue operations. I am still having max 2 trades on some trades to average the price. due no one can know how much it will pullback. but those 2 trades using the first opened trade SL at the same level. means I DO NOT WIDEN SL AFTER OPENING THE 2 TRADE.

and there are examples of SL hit averaged trades at the history.

a lot of things had been changed until I start 'pattern' system but I guess I am at the wright track with
- cancelling rescue operation
- tigtenning SL


the trades at the history with 1-2 PIP profit/loss are the exits of damaged patterns after entry.

walker



Steve Walker
nordic_
Feb 24 2012 at 15:18
83 posts
in week time %40 of total trades are traded at asian+eu session and the rest %60 traded at us session. this value also shows how my trading activites are changing in us hours.


Steve Walker
nordic_
Feb 24 2012 at 17:24
83 posts
Steve Walker
nordic_
Feb 24 2012 at 19:33
83 posts
when I feel better will increase the lot from 0.1Lot 1000$equ to 0.2Lot 1000$equ. while using Hard Stop when system works no worries.

Steve Walker
nordic_
Feb 24 2012 at 19:38
83 posts
daily Pivot is the actual support
notice RR ratio regarding to SL TP ratio.




Steve Walker
nordic_
Feb 24 2012 at 19:42
83 posts
see price average action.
this has a possibility of very fast move from where I opened the first trade and also poss of pull back.
I took my chance and opened where it could rocket but pulled back to MA 30 so I opened average trade on that point.
when averaged I do not wait until TP due the Lot is doubled and risk is doubled. when reached a certain point I press the close all button for related symbol and EA closes all. ( white vertical line )

PS also see price has roceted after first trade but then pulled back.

again see SL TP ratio it is less then 1.35




Please login to comment .